Fiduciary Management Inc. WI Has $167.32 Million Stake in Masco Corporation $MAS

Fiduciary Management Inc. WI decreased its holdings in Masco Corporation (NYSE:MAS - Free Report) by 8.8% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 2,636,618 shares of the construction company's stock after selling 253,244 shares during the quarter. Masco accounts for about 1.8% of Fiduciary Management Inc. WI's portfolio, making the stock its 22nd largest holding. Fiduciary Management Inc. WI owned approximately 1.27% of Masco worth $167,320,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. Nordea Investment Management AB raised its position in shares of Masco by 6.5% in the 4th quarter. Nordea Investment Management AB now owns 4,371,864 shares of the construction company's stock valued at $278,619,000 after buying an additional 267,012 shares in the last quarter. Swiss Life Asset Management Ltd raised its position in shares of Masco by 347.5% in the 3rd quarter. Swiss Life Asset Management Ltd now owns 102,810 shares of the construction company's stock valued at $7,237,000 after buying an additional 79,834 shares in the last quarter. Atria Investments Inc raised its position in shares of Masco by 31.8% in the 3rd quarter. Atria Investments Inc now owns 106,086 shares of the construction company's stock valued at $7,467,000 after buying an additional 25,608 shares in the last quarter. Cresset Asset Management LLC raised its position in shares of Masco by 30.4% in the 3rd quarter. Cresset Asset Management LLC now owns 71,294 shares of the construction company's stock valued at $5,018,000 after buying an additional 16,612 shares in the last quarter. Finally, Rafferty Asset Management LLC raised its position in shares of Masco by 97.6% in the 3rd quarter. Rafferty Asset Management LLC now owns 184,516 shares of the construction company's stock valued at $12,988,000 after buying an additional 91,161 shares in the last quarter. Institutional investors and hedge funds own 93.91% of the company's stock.

Analysts Set New Price Targets

Several equities analysts have recently commented on the stock. Oppenheimer restated an "outperform" rating and issued a $88.00 target price on shares of Masco in a research report on Wednesday, February 11th. UBS Group boosted their target price on shares of Masco from $96.00 to $97.00 and gave the company a "buy" rating in a research report on Thursday, April 23rd. Barclays boosted their target price on shares of Masco from $65.00 to $78.00 and gave the company an "equal weight" rating in a research report on Wednesday, April 22nd. Citigroup dropped their target price on shares of Masco from $84.00 to $79.00 and set a "neutral" rating for the company in a research report on Thursday, April 23rd. Finally, Evercore upgraded shares of Masco from an "in-line" rating to an "outperform" rating and set a $78.00 price objective for the company in a research report on Monday, April 13th. Seven investment analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Masco has a consensus rating of "Hold" and a consensus target price of $80.07.

Masco Trading Down 0.7%

NYSE:MAS opened at $69.42 on Friday. The firm's fifty day moving average is $66.97 and its 200-day moving average is $66.71. The company has a debt-to-equity ratio of 109.07, a quick ratio of 1.11 and a current ratio of 1.75. Masco Corporation has a 52 week low of $58.16 and a 52 week high of $79.19. The firm has a market cap of $14.00 billion, a P/E ratio of 17.23, a P/E/G ratio of 1.71 and a beta of 1.31.

Masco (NYSE:MAS - Get Free Report) last posted its quarterly earnings data on Wednesday, April 22nd. The construction company reported $1.04 EPS for the quarter, beating analysts' consensus estimates of $0.88 by $0.16. Masco had a net margin of 10.90% and a return on equity of 815.20%. The company had revenue of $1.92 billion for the quarter, compared to analyst estimates of $2.07 billion. During the same period in the prior year, the firm posted $0.87 EPS. The company's quarterly revenue was up 6.5% on a year-over-year basis. Masco has set its FY 2026 guidance at 4.100-4.300 EPS. Equities analysts expect that Masco Corporation will post 4.25 earnings per share for the current year.

Masco Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, June 8th. Investors of record on Friday, May 22nd will be paid a dividend of $0.32 per share. The ex-dividend date of this dividend is Friday, May 22nd. This represents a $1.28 annualized dividend and a yield of 1.8%. Masco's dividend payout ratio is currently 31.76%.

Masco declared that its Board of Directors has initiated a stock buyback program on Tuesday, February 10th that authorizes the company to buyback $2.00 billion in outstanding shares. This buyback authorization authorizes the construction company to purchase up to 13.5% of its shares through open market purchases. Shares buyback programs are typically an indication that the company's leadership believes its shares are undervalued.

Masco Company Profile

Masco Corporation is a global leader in the design, manufacture and distribution of branded home improvement and building products. Founded in 1929 and headquartered in Livonia, Michigan, the company has evolved from a small door‐bell manufacturer into a diversified enterprise serving both residential and commercial markets. Over its history, Masco has grown through a combination of organic innovation and strategic acquisitions, building a portfolio of well-recognized brands.

The company's product offerings are organized into two primary segments.

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